by Rachel Poole | Aug 29, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities hit record highs This week, global equities rose to new highs. The S&P 500 Index is near to the end of its best-performing month of August since 1986. The yield on the US 10-year Treasury note rose to 0.72% after the Fed’s...
by Rachel Poole | Aug 27, 2020 | Uncategorized
Time for Action on America’s Darwinian Debt Struggle Robin Wigglesworth, Financial Times Read the full article here Since March, the Fed has unleashed a dizzying display of relief measures aimed at mitigating the economic impacts of the coronavirus pandemic. These...
by The BlackSummit Team | Aug 25, 2020 | Uncategorized
“All I want to know is where I’m going to die so I’ll never go there.”...
by Rachel Poole | Aug 22, 2020 | Uncategorized, Weekly Market Update
Global Market News Global rise despite Fed’s warnings Global equities rose slightly from last week even amid comments from the Federal Reserve that Covid-19 will continue to weigh heavily on economic activity in the near-term and poses considerable risks to the...
by Rachel Poole | Aug 21, 2020 | Uncategorized
“We Will Never Again See the World That We Left Behind One Month Ago” Stéphane Audoin Rouzeau, Scowcroft Institute of International Affairs Read the full article here Both the Great War and the possibility of a pandemic (however near or far in the future) had been...
by Joel Charalambakis | Aug 18, 2020 | Uncategorized
“My own thinking has changed drastically from 35 years ago when I was taught to favor tangible assets and to shun businesses whose value depended largely upon economic Goodwill. This bias caused me to make many important business mistakes of omission”...